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Business

Mersana Raises Cash, Teams With Adimab

by Lisa M. Jarvis
August 6, 2012 | APPEARED IN VOLUME 90, ISSUE 32

Mersana Therapeutics has raised $27 million in a round of financing led by New Enterprise Associates, a new investor in the biotech firm. Pfizer Venture Investments is also a new investor in the financing round, which will help Mersana develop antibody-drug conjugates (ADCs). Separately, Mersana has teamed with Adimab to offer integrated antibody discovery and ADC technology. Adimab will optimize antibodies for use with Mersana’s Fleximer polymer and linker technology.

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